|
 |
|
Welcome to AVZ
Will Health Care Hurt Boomers Retirement?
Dear Friend,
The numbers are staggering--10,000 baby boomers are entering retirement age every day and the pace will continue for the next 20 years, according to the Pew Research Center. The boomers are a powerful force representing over 75 million people, and as they enter their retirement years one of their primary financial concerns is how to pay for quality health care. Much of their anxiety is due to the rapid growth of health care expenses as compared to inflation. This has escalated the political debate on how to best fund, manage and deliver health care. Adding to the apprehension is the rising cost of employee benefits in general, having forced corporate America to drop defined-benefit retirement plans in favor of defined-contributions plans, elimination or dramatic reduction in retirement health care benefits, and increasing premiums. Bottom line: health care is extremely expensive, we are living longer, and 75 million baby boomers are starting to retire! There's an obvious retirement income challenge and health care dilemma, and we should not expect Social Security and Medicare to cover it, because it won't, and most Americans aren't thinking about it or planning for it!
Click here for entire story
|
|
|
Protect Yourself From the Latest Scams
The economy may be struggling but the fraud business is booming. Although comprehensive data aren't kept, the fingerprints of a crime wave are all over. Fraud and identity-theft complaints tracked by the Federal Trade Commission topped 1.2 million last year, up 19 percent over 2010 and 800 percent since 2000.
Moreover, the FBI says fraud involving investments, mortgages, and the Internet is growing. Government takedowns of multimillion-dollar schemes are common.
"Fraud is as high as it's ever been, because the scam artists are using brand-new channels and technology that didn't exist 15 years ago," says Martha Deevy, director of the Financial Fraud Research Center at Stanford University's Center on Longevity. The center estimates the measurable direct cost of financial fraud to Americans to be $40 billion to $50 billion a year.
Click here for entire story |
Re-Made in America: Report Says 5M Jobs Are Coming Back
While the U.S. unemployment rate hangs high above 8%, manufacturing is one sector of the American economy that has seen substantial jobs growth over the last few years. President Barack Obama said as much during his interview with 60 Minutes Sunday: "The month I was sworn into office, we were losing eight hundred thousand jobs a month. We ultimately would lose nine million jobs during the height of that Great Recession. We came in, made some tough decisions.... And because of that we've now had thirty months of job growth, four and a half million new jobs, half a million jobs in manufacturing alone."
Click here for entire story |
|
|
|
|
Click Here
|
|
|
Albrecht, Viggiano, Zureck & Company, P.C.
25 Suffolk Court, Hauppauge, New York 11788 P.631.434.9500 F.631.434.9518
245 Park Avenue, 24 Floor, New York, New York 10167 P.212.792.4075
PERSONAL SERVICE. TRUSTED ADVICE. |
|
|
|
|
|
